Search results
Results from the WOW.Com Content Network
To help determine if a sole proprietorship is the right business structure for you, it’s important to learn more about what it is, how it works, what it takes to form one, and the pros and cons of doing so.
Compare the pros and cons of sole proprietorship to decide if this is the best entity type for your small business.
A sole proprietorship is an unincorporated business with one owner. There is no legal separation between the company and the owner, who receives all profits but is liable for all debts and losses.
A sole proprietorship is a great way to structure your business quickly, easily and cheaply, but there are liability risks. Here’s what you need to know.
Pros of a sole proprietorship include ease of setup, simplified recordkeeping, and low costs. Cons include the lack of liability protection, limited sources of funding, and an entity life span that ends with the owner.
What is a sole proprietorship? We take a look at the simplest and most common business structure including all its pros and cons with some real examples.
A sole proprietorship is a business that is owned and run by one person. Learn the definition, pros, cons, and tax implications of this type of company.